Latest Resource Confidence News

Meeka Metals has encountered visible gold at a record depth of 632.8m in its Turnberry underground project, prompting the mobilisation of a second diamond drill rig to accelerate exploration of this expanding high-grade system.

Western Gold Resources has lifted the Gold Duke Project’s Mineral Resource to 277,000 ounces of gold, marking a 29% increase in contained gold and a significant jump in resource confidence following extensive drilling.

Odyssey Gold’s latest drilling at Tuckanarra confirms continuity and high-grade extensions at Anchor, Maybelle, and Lucknow deposits, underpinning updated resource estimates and mining studies.

Minerals 260’s latest drilling results at Bullabulling reinforce the continuity of its 6.2Moz gold resource, with standout high-grade intercepts supporting resource upgrades and expansion potential across multiple deposits.

Heavy Rare Earths Limited has dramatically increased its Subron Rare Earths Project footprint, capturing significant extensions to high-grade heavy rare earth oxide zones with minimal upfront costs.

Unico Silver delays its maiden Pre-Feasibility Study to January 2027, integrating updated drilling results and advanced metallurgical testing that could expand resource scale and improve production efficiency.

TG Metals Limited has delivered a maiden inferred lithium resource at its Burmeister deposit within the Lake Johnston Project, outlining a 6.7 million tonne resource grading 1.18% Li2O with significant exploration upside.

Jindalee Lithium's US arm has cleared the last regulatory hurdle to begin a critical Phase 1 drilling program at the McDermitt Lithium Project, aiming to upgrade resource confidence and provide key data for project feasibility.

Medallion Metals has confirmed and expanded high-grade gold mineralisation at its Lounge Lizard deposit in Western Australia, validating historical data and identifying new lode structures ahead of a major drilling campaign and resource estimate.

ADX Energy’s HOCH-1 well in Upper Austria shows promising gas flow and reservoir extent, with further multi-zone testing set to resume after delays.

West Coast Silver (ASX:WCE) has revealed substantial extensions to its Elizabeth Hill silver deposit, with diamond drilling intersecting wide, near-surface zones of silver mineralisation beyond the current resource estimate. These results underpin plans for a resource update and scoping study later this year.

Stavely Minerals has released an updated 2026 Scoping Study for its Thursday's Gossan project in western Victoria, revealing a robust 60Mt copper-gold-silver resource and strong financial metrics including a pre-tax NPV7 of A$818 million and a 40% IRR.